5 REASONS TO GO LONG ON RAMCO CEMENT.
RSI Monthly- Near 60 support.
200 EMA - Near to this (we can see earlier also the stock had turned from 200 EMA)
Trend Line- If we draw a trend line from around March 2020 till date we could see the same is being respected
Fibonacci Support - If we draw a Fibonacci from last swing low we could see the current price is hovering around 50% support.
Volume - Near to this area strong increase in volume could be seen.
200 EMA - Near to this (we can see earlier also the stock had turned from 200 EMA)
Trend Line- If we draw a trend line from around March 2020 till date we could see the same is being respected
Fibonacci Support - If we draw a Fibonacci from last swing low we could see the current price is hovering around 50% support.
Volume - Near to this area strong increase in volume could be seen.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.